State Duma appoints Nabiullina Central Bank chairman, effective June 24
MOSCOW. April 9 (Interfax) - The Russian State Duma appointed Elvira Nabiullina the new chairman of the Central Bank at a plenary session.
In its resolution, the State Duma said that it was appointing "Nabiullina Elvira Sakhipzadovna to the position of chairman of the Central Bank of the Russian Federation, effective June 24, 2013."
Three-hundred sixty deputies voted in favor of the appointment, 20 voted against and one abstained.
Nabiullina thanked lawmakers for their vote of confidence and vowed to strive for "an open and constructive dialog" with parliament.
President Vladimir Putin submitted Nabiullina's candidature to the State Duma. The powers of the current Central Bank chairman, Sergei Ignatyev, will expire on June 24, 2013.
Nabiullina (b. October 29, 1963 in Ufa) graduated from Moscow State University (MGU) in 1986 with a degree in economics. She continued graduate study at MGU until 1991, then worked as lead specialist on the standing committee for the USSR's Scientific-Industrial Union for economic reform issues in Moscow in 1991-1992. She served as lead specialist for economic policy at the Russian Union of Industrialists and Entrepreneurs (RSPP) in 1992-1994, and continued work for the RSPP as advisor to the Expert Institute until 2000, when she was named vice president of the Center for Strategic Research.
Nabiullina served as first deputy economic development and trade minister in 2000-2003 and then vice president and subsequently president and research group head at the Center for Strategic Research in 2003-2007.
She was appointed to head the Economic Development and Trade Ministry in 2007 (renamed Economic Development Ministry in 2008) and served in that position until 2012, when she was named an advisor to President Vladimir Putin.
Nabiullina's awards include the Order for Merit to the Fatherland medal - second class (2002), first class (2006), and fourth class (2012) and the Order of Friendship (2011).